Rajaratnam found guilty of insider trading (Lead, changing dateline)
May 11th, 2011 - 11:24 pm ICT by IANS
New York , May 11 (IANS) Sri Lankan American hedge fund tycoon Raja Rajaratnam has been found guilty of making tens of millions of dollars from insider trading with tips ... Read more...
Posted in Business |
Michael Douglas’ son gets 5yrs in prison for drug trafficking
April 21st, 2010 - 1:13 pm ICT by ANI
New York, April 21 (ANI): Actor Michael Douglas's son has been sentenced to five years in jail for drug trafficking.Cameron Douglas was arrested last year at the trendy Gansevoort Hotel in New ... Read more...
Posted in Entertainment |
Sacramento drug ring leader faces trial
January 8th, 2010 - 2:03 pm ICT by BNO News
SACRAMENTO, CALIFORNIA (BNO NEWS) -- An alleged drug conspirator of Sacramento, California appeared in court on Thursday, along with fifty -one other defendants, to stand trial after officers seized several pounds of ... Read more...
Posted in World News |
US prosecutors propose 150-year-jail term for Ponzi king Madoff
June 27th, 2009 - 12:41 pm ICT by ANI
New York, June 27 (ANI): Federal prosecutors in the United States recommended Friday that Ponzi king Bernard L. Madoff be sentenced to 150 years in prison for defrauding the public of 65 ... Read more...
Posted in World |
New York ponzi scheme accused Madoff could spend 150 years in prison
March 11th, 2009 - 1:13 pm ICT by ANI
New York, Mar.11 (ANI): Bernard L. Madoff, the man accused of defrauding people of billions of dollars while operating a vast Ponzi scheme that began at least 20 years ago, is ... Read more...
Posted in World |
Madoff faces 150-year sentence after guilty plea
March 11th, 2009 - 7:49 am ICT by IANS
Washington, March 11 (DPA) Bernard Madoff, whose $50-billion fraud devastated individual and institutional investors worldwide, could spend the rest of his life in prison after pleading guilty later this week.
In a court ... Read more...
Posted in Business |
India-born US millionaire gets 11 years for abuse of Indonesian maids
June 27th, 2008 - 1:17 pm ICT by ANI
Washington, June 27 (ANI): India-born US millionaire Varsha Sabhnani, who along with her husband, was convicted of enslaving and torturing two Indonesian women, has been sentenced to 11 years in prison ... Read more...
Posted in World |